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Rate 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium

1509 Bear Valley Rd

1509 Bear Valley Rd

Sevierville, TN 37876

$859,000

2 bd · 2.5 ba · 1,560 sqft · Listed 7d ago

View on Realtor.com →
Est. land %Negative cash flow

Year built

2026

Sqft

1,560

Lot sqft

24,829

HOA / mo

$0

Furnished

No

List date

2026-11-05T18:20:37.000000Z

Revenue

Annual revenue

$53,808

ADR

$213

Occupancy

69%

Cleaning fees (12 mo)

$10,758

Confidence

Low (40.77), 49 comps

Comp revenue range (p25 / median / p75)

$35,441$48,261$65,913

Median revenue of shown comps: $48,261

  • BEAR VALLEY CABIN! The Best Cabin Value in Pigeon Forge! Near All Attractions!

    Cabin · 2 bd · 2 ba · sleeps 6 · 118 ft

    Revenue $51,798ADR $208Occ ≈ 68%4.4★ (56)

    Delisted

  • Welcome to Bear Valley!

    Cabin · 2 bd · 2 ba · sleeps 6 · 128 ft

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $4,819ADR $184Occ ≈ 7%5★ (4)

    Airbnb

  • Smoky Mtn Oasis w/ Hot Tub! 5 Mi to SkyLand Ranch

    Cabin · 2 bd · 2 ba · sleeps 6 · 128 ft

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $11,939ADR $209Occ ≈ 16%3.5★ (8)

    AirbnbVrboBooking

  • Modern Retreat! Luxury Cabin W Pool, Hot Tub

    Cabin · 2 bd · 3 ba · sleeps 4 · 236 ft

    Revenue $50,650ADR $276Occ ≈ 50%4.8★ (58)

    Airbnb

  • Brand New Cabin with Indoor Pool

    Cabin · 2 bd · 3 ba · sleeps 6 · 249 ft

    Revenue $101,163ADR $320Occ ≈ 87%4.8★ (31)

    AirbnbBooking

  • A Creekside on the Bluff

    Vacation home · 2 bd · 2 ba · sleeps 8 · 417 ft

    Revenue $6,695ADR $1,410Occ ≈ 1%—

    Booking

  • The Sporting Place - Outdoor Hot Tub, Firepit, Game Room + Close to Pigeon Forge

    Cabin · 2 bd · 2 ba · sleeps 8 · 453 ft

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $243ADR $243Occ ≈ 0%—

    Vrbo

  • The Sporting Place・Game Room・Firepit・Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 8 · 463 ft

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $1,278ADR $274Occ ≈ 1%5★ (2)

    AirbnbBooking

  • Serene Smoky Mountain Cabin: Hot Tub + Game Room!

    Cabin · 2 bd · 2 ba · sleeps 8 · 463 ft

    Revenue $41,273ADR $226Occ ≈ 50%4.4★ (24)

    AirbnbBooking

  • Smoky Bluff Luxury Cabin Pool & Hot Tub!

    House · 2 bd · 2.5 ba · sleeps 6 · 0.1 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $67,565ADR $331Occ ≈ 56%4.9★ (60)

    AirbnbBooking

Show 38 more
  • Heavenly Splash: Dive Into Paradise

    Cabin · 2 bd · 2.5 ba · sleeps 6 · 0.1 mi

    • Pool
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $90,073ADR $410Occ ≈ 60%5★ (2)

    AirbnbVrbo

  • Chic Cabin: Hot Tub Mountain Views PRIME Location

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $30,832ADR $291Occ ≈ 29%4.8★ (35)

    AirbnbVrbo

  • Mountain View Cabin - Hot Tub + FREE Early Checkin

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $789ADR $263Occ ≈ 1%—

    Airbnb

  • 2 BR with Indoor Pool, Game Room, and Fire Pit

    Cabin · 2 bd · 3 ba · sleeps 6 · 0.1 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +4

    Revenue $89,273ADR $343Occ ≈ 71%4.8★ (34)

    AirbnbVrboBooking

  • Relaxation Destination, your mountain getaway!

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $44,920ADR $228Occ ≈ 54%4.9★ (33)

    AirbnbVrbo

  • Minutes to Pigeon Forge and Shopping

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $66,351ADR $213Occ ≈ 85%5★ (149)

    Airbnb

  • Luxury Cabin Retreat – Hot Tub & Fireplace

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $66,357ADR $238Occ ≈ 76%5★ (124)

    AirbnbVrbo

  • Secluded Cabin w/New Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $42,429ADR $206Occ ≈ 56%4.6★ (264)

    AirbnbVrbo

  • Allure Woods View HotTub Outdoor Dining Games

    Vacation home · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $67,605ADR $294Occ ≈ 63%—

    Booking

  • 2 Bedrooms in the Woods- Smoky Mtn Memories!

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $34,606ADR $221Occ ≈ 43%4.7★ (10)

    AirbnbVrbo

  • Oh what a view! Smokies View Cabin

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $76,750ADR $286Occ ≈ 74%5★ (163)

    AirbnbVrbo

  • Just mins away for Pigeon Forge secluded and pool

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +2

    Revenue $18,975ADR $239Occ ≈ 22%4.4★ (33)

    AirbnbVrbo

  • Family Cabin, Indoor Heated Pool Theater Fire Pit

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 0.2 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +6

    Revenue $119,658ADR $427Occ ≈ 77%5★ (205)

    AirbnbVrbo

  • Bluff & Beyond: Pets OK-Free Tickets-EV Charger

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.2 mi

    • Pool
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $47,747ADR $218Occ ≈ 60%5★ (128)

    AirbnbVrboBooking

  • Dreamcatcher

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $50,683ADR $193Occ ≈ 72%5★ (492)

    AirbnbVrbo

  • Arcade Fun & Fire Pit by Smoky Mountain Creek

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $37,947ADR $237Occ ≈ 44%4.7★ (32)

    AirbnbBooking

  • Secluded and gated cabin located just mins away fo

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Kitchen

    Revenue $19,965ADR $205Occ ≈ 27%4.7★ (58)

    AirbnbVrbo

  • Heated Indoor Pool,Hot Tub,Games,Minutes to Town!

    Cabin · 2 bd · 3 ba · sleeps 8 · 0.2 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $110,091ADR $396Occ ≈ 76%4.9★ (167)

    AirbnbVrbo

  • Mountain Jewel Cabin. 2Bed 2Bath Secluded Cabin.

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $43,801ADR $228Occ ≈ 53%4.8★ (163)

    AirbnbVrbo

  • Hard to Leave - Stunning Views, Games, Hot Tub!

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $49,983ADR $199Occ ≈ 69%4.8★ (17)

    AirbnbVrboBooking

  • Hard to Leave - Stunning Mountain Views!

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.2 mi

    Revenue $64,597ADR $237Occ ≈ 75%4.4★ (35)

    Airbnb

  • Cozy LeConte Lookout: Peaceful Pet-Friendly Cabin

    House · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $6,524ADR $268Occ ≈ 7%—

    Airbnb

  • Bear Valley Splash: Indoor Pool & Creekside Yard

    Cabin · 2 bd · 3.5 ba · sleeps 8 · 0.2 mi

    Revenue $105,109ADR $507Occ ≈ 57%4.7★ (9)

    Airbnb

  • Fall Leaves Log Cabin: Hot Tub & Mtn View

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $76,823ADR $250Occ ≈ 84%4.9★ (673)

    AirbnbVrboBooking

  • Newly built cabin with new water filtration system

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $17,577ADR $189Occ ≈ 25%4.7★ (29)

    Delisted

  • Creekview Getaway | Pet-Friendly, Hot Tub, Arcade

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $45,062ADR $233Occ ≈ 53%4.8★ (18)

    AirbnbVrbo

  • Treetop Views - 2 Bedroom Luxury!

    Cabin · 2 bd · 2.5 ba · sleeps 6 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $46,201ADR $258Occ ≈ 49%4.9★ (9)

    AirbnbVrbo

  • Pinecone Hideaway

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $55,746ADR $352Occ ≈ 43%4.8★ (31)

    AirbnbVrbo

  • 7th Heaven - 2 Bedroom Log Cabin!

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $55,870ADR $242Occ ≈ 63%4★ (10)

    AirbnbVrbo

  • Beau Voir: Rolling Mountain Views & Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $61,580ADR $291Occ ≈ 58%4★ (12)

    AirbnbVrbo

  • 2 Kg Bds | Hot Tub | Arcade | 5 Mi To Pigeon Forge

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +4

    Revenue $53,413ADR $200Occ ≈ 73%4.9★ (20)

    AirbnbVrbo

  • Cliffside Hideaway *NEW* 2bed 2Bath Secluded Cabin

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $37,979ADR $227Occ ≈ 46%4.9★ (37)

    AirbnbVrbo

  • Wild hiking trail!Serene area but 11 min 2 Parkway

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $60,250ADR $199Occ ≈ 83%4.8★ (343)

    Airbnb

  • Creekside - In the Smokies!

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $48,775ADR $251Occ ≈ 53%4.5★ (13)

    AirbnbVrbo

  • A Creekside on the Bluff by RedAwning

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $40,759ADR $278Occ ≈ 40%5★ (1)

    Delisted

  • Best Winter Prices! Cabin with Mnt. Views, Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $40,995ADR $221Occ ≈ 51%4.8★ (217)

    AirbnbVrbo

  • Cabin Therapy In The Heart Of The Smokies

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $40,666ADR $202Occ ≈ 55%5★ (355)

    Airbnb

  • Sky View A-Frame | Smoky Mountain Views + Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $56,584ADR $264Occ ≈ 59%5★ (209)

    AirbnbVrbo

Revenue and nightly rate (ADR) are trailing-12-month figures per listing. Occupancy is estimated as revenue ÷ ADR ÷ 365 and can read high when revenue includes cleaning fees.

Cash flow calculator

Financing
Management
Term

Rate 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium

Est. revenue

$53,808

NOI

$29,321

Cash flow /mo

-$2,252

Cash needed

$265,110

Cash-on-cash

-10.2%

ROE (yr 1)

1.6%

Cap rate

3.4%

DSCR

0.52

Year-1 write-off

$222,179

Year-1 tax shield @ 32%

$71,097

Year-1 return on equity

  • Cash flow (annual)-$27,030
  • Principal paydown$5,457
  • Appreciation at%$25,770
ROE1.6%

Tax savings aren't counted. Turn on “Count tax savings in returns” above if you can use the losses.

Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$10,762
  • Platform fees (3% of revenue)$1,614
  • Maintenance / capex (5% of revenue)$2,690
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$67
  • Insurance (STR-rated)$5,154

Cash needed to close

  • Down payment (25%)$214,750
  • Closing costs (4.0%)$34,360
  • Furnishing (bought new)$16,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$71,097

No county tax record split for property tax, insurance rate and the land/building split, so those use market defaults — edit the price above; other assumptions match the daily feed (see tasks/plan.md).

The write-off comes from the cost segregation estimate below. Not tax advice.

Cost segregation estimate

An estimate from the listing: every part of the home is priced from national construction costs, less wear for age, and the price (less land) is spread over the parts in proportion. The headline is what a typical cost seg study would claim for this property. The answers below are optional refinements.

Depreciable basis

$730,000

Short-life (5/15-yr)

$206,000 · 28%

Year-1 deduction

$222,000

Year-1 tax shield @ 32%

$71,000

Land 15% (market default, no usable tax-record split) · building $525,000 over 39 years · new furniture $16,000

Based on: 1,560 sq ft, built 2026, 2 bd / 2.5 ba, unfurnished, listing features (hot tub, deck, patio, fireplace, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $141,000 in year 1 (17% short-life, $45,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$135,100
  • Kitchen cabinetsdefault

    $9,200 new × 100% good × 2.13 allocation

    $19,600
  • Kitchen countertopsdefault

    $7,500 new × 100% good × 2.13 allocation

    $16,100
  • Decorative trimdefault

    $2,700 new × 100% good × 2.13 allocation

    $5,800
  • Mirrorsdefault

    $300 new × 100% good × 2.13 allocation

    $600
  • Shelvingdefault

    $900 new × 100% good × 2.13 allocation

    $1,900
  • Window coverings (16)default

    $4,000 new × 100% good × 2.13 allocation

    $8,500
  • Carpet, vinyl & laminate (50% of floors)listing

    $5,000 new × 100% good × 2.13 allocation

    $10,700
  • Kitchen & laundry equipment plumbingdefault

    $7,200 new × 100% good × 2.13 allocation

    $15,300
  • Kitchen, laundry & data equipment electricaldefault

    $4,300 new × 100% good × 2.13 allocation

    $9,200
  • Appliances (range, microwave, dishwasher, refrigerator)listing

    $5,700 new × 100% good × 2.13 allocation

    $12,100
  • Hot tub (freestanding)listing

    $9,000 new × 100% good × 2.13 allocation

    $19,200
  • Furniture bought newlisting

    $16,000 new × 100% good · bought separately

    $16,000
15-year land improvements$86,500
  • Paving: driveway & walks (paved)default

    $8,200 new × 100% good × 2.13 allocation

    $17,400
  • Landscaping (typical)default

    $7,900 new × 100% good × 2.13 allocation

    $16,800
  • Patioslisting

    $7,000 new × 100% good × 2.13 allocation

    $14,900
  • Decks & porches (attached)listing

    $17,600 new × 100% good × 2.13 allocation

    $37,400
Building, 39-year$524,500
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $169,300 new × 100% good × 2.13 allocation

    $360,400
  • Building plumbing & fixturesdefault

    $17,500 new × 100% good × 2.13 allocation

    $37,300
  • Building electrical & lightingdefault

    $17,000 new × 100% good × 2.13 allocation

    $36,300
  • HVACdefault

    $17,600 new × 100% good × 2.13 allocation

    $37,400
  • Hardwood & tile floorsdefault

    $5,000 new × 100% good × 2.13 allocation

    $10,700
  • Fireplaces (3)listing

    $7,900 new × 100% good × 2.13 allocation

    $16,800
  • Septic systemlisting

    $12,000 new × 100% good × 2.13 allocation

    $25,600

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$135,100$86,500$600$222,200
2$0$0$13,400$13,400
3$0$0$13,400$13,400
4$0$0$13,400$13,400
5$0$0$13,400$13,400
6+$0$0$470,200$470,200
Total$135,100$86,500$524,500$746,200

Model-based estimate, not an engineered cost segregation study. The IRS doesn’t approve studies; get a professional study before filing. Using these losses against W-2 income needs the short-term rental exception (average stay ≤7 days + material participation). The 39-year building life applies because stays average under 30 days, a separate test (27.5 years for a long-term rental). Federal only: California, Georgia and Wisconsin disallow bonus depreciation, Ohio adds back 5/6 of it, and Tennessee has no personal income tax. Not tax advice.

Market note

STR allowed in most of Sevier County; inside Gatlinburg city limits only in overnight-rental zones.